Takata shares rise by daily limit, up 18.2 percent

Shares in Japanese air bag manufacturer Takata Corp gained
18.2 percent on Wednesday, rising by a daily limit of 80 yen to 519 yen
(US$4.56), stemming four days of steep decline brought about by investor
fear of a court-mediated bankruptcy.

A logo of Takata Corp is seen with its display as people are
reflected in a window at a showroom for vehicles in Tokyo, November 6,
2015. REUTERS/Toru Hanai/File Photo

TOKYO: Shares in Japanese air bag manufacturer
Takata Corp gained 18.2 percent on Wednesday, rising by a daily limit
of 80 yen to 519 yen (US$4.56), stemming four days of steep decline
brought about by investor fear of a court-mediated bankruptcy.